Viveat Susan Pinto

All stories by Viveat Susan Pinto

Advertising slowdown likely to weigh on IPL this year

Advertising slowdown likely to weigh on IPL this year

Rediff.com23 Jan 2023

The 2023 edition of the Indian Premier League (IPL) will see Disney-Star and Viacom18 competing to sell their ad space with an eye on the estimated Rs 4,000-crore advertising money.

Q3 results preview: Cement sector profits seen weak despite strong sales

Q3 results preview: Cement sector profits seen weak despite strong sales

Rediff.com20 Jan 2023

Acceleration in demand, together with marginal price hikes of about 2-3 per cent by cement companies in the October-December quarter (third quarter, or Q3) of 2022-23, may not be enough to cushion the impact of high input costs on the bottom line, reveal Bloomberg consensus estimates for the quarter. Year-on-year (YoY) net sales growth in Q3 will come in at nearly 7 per cent, shows Bloomberg data, while bottom-line growth will show a sharp decline of 25 per cent from a year ago. The earnings before interest, tax, depreciation, and amortisation (Ebitda) will likely decline by nearly 5 per cent versus a year ago, shows data.

'PVR-INOX Merger In Final Stages'

'PVR-INOX Merger In Final Stages'

Rediff.com14 Jan 2023

'We would love to have more players entering the market because that is how the business will grow.'

Why 2023 Box Office Will Be BIGGER

Why 2023 Box Office Will Be BIGGER

Rediff.com5 Jan 2023

'The number of films released in cinemas in 2022 was closer to 1,200. It could cross 1,500 in 2023, since nearly all big stars in Hindi and regional languages have films lined up this year.'

Will Southern Cinema Defeat Bollywood in 2023 Too?

Will Southern Cinema Defeat Bollywood in 2023 Too?

Rediff.com26 Dec 2022

Calendar 2022 will go down as a year when the real star was the Next Big Idea.

NDTV promoter firm RRPR Holding transfers 99.5% shares to Adani's VCPL

NDTV promoter firm RRPR Holding transfers 99.5% shares to Adani's VCPL

Rediff.com29 Nov 2022

News broadcaster New Delhi Television Ltd's (NDTV's) promoter firm RRPR Holding said on Monday that it had transferred shares constituting 99.5 per cent of its equity capital to Adani group-owned Vishvapradhan Commercial (VCPL). The transaction was done on Monday, RRPR Holding said in a disclosure to the stock exchanges, in consonance with a conversion notice, dated August 23, 2022, issued by VCPL. This follows the expiry of the two-year restraint imposed by the Securities & Exchange Board of India (Sebi) on November 26, it said.

Boycott calls force advertisers, celebrities to increase safeguards

Boycott calls force advertisers, celebrities to increase safeguards

Rediff.com7 Nov 2022

American writer HP Lovecraft famously said that the oldest and strongest of fears is the fear of the unknown. For present-day advertisers and celebrities, this fear is showing up in the response they receive from social media to their brand communication. This is something AU Small Finance Bank and online food delivery platform Zomato recently experienced with their advertisements.

Zee, Sony to sell 3 Hindi channels to address CCI concerns

Zee, Sony to sell 3 Hindi channels to address CCI concerns

Rediff.com27 Oct 2022

Sony India and Zee Entertainment Enterprises (ZEEL) have agreed to sell three Hindi channels--Big Magic, Zee Action and Zee Classic--to address anti-competition concerns arising out of their proposed merger. The broadcasters submitted their proposal to the Competition Commission of India (CCI), which gave a conditional approval on October 4. On Wednesday, the CCI made public its detailed 58-page order, specifying the channels that would be dropped.

Ad spends likely to get double-digit boost as festive cheer returns

Ad spends likely to get double-digit boost as festive cheer returns

Rediff.com3 Oct 2022

After losing two festive seasons to Covid-led restrictions, 2022 is seeing an uninhibited celebration of festivals. This is pushing up discretionary spend, which is attracting advertisers and brands, who are ready to capitalise on the momentum. The festive season has begun with Onam and Ganesh Chathurthi held earlier this month in Kerala and Maharashtra, respectively.

Devika Bulchandani has shattered the glass ceiling for good

Devika Bulchandani has shattered the glass ceiling for good

Rediff.com21 Sep 2022

'Devika is a people's person, who simply loves what she does. This reflects in her work; the insights she brings to the table and the way she interacts with people and clients. She has the demeanour of a good captain. Her success is well-deserved.'

NDTV posted highest-ever profit in a decade in FY22

NDTV posted highest-ever profit in a decade in FY22

Rediff.com5 Sep 2022

Media company New Delhi Television (NDTV) recorded its highest-ever consolidated profit at the group level in over a decade for financial year 2021-22 (FY22), said co-chairpersons Radhika Roy and Prannoy Roy in the firm's latest annual report. Addressing shareholders, the Roys, founder-promoters of NDTV, said the company had emerged financially strong in FY22, continuing the turnaround of recent years. "Both the television and digital branches of the NDTV group reported their highest-ever profit. NDTV Ltd (television arm) recorded a profit of Rs 59.18 crore.

Adani-NDTV battle: Minority shareholders gain focus

Adani-NDTV battle: Minority shareholders gain focus

Rediff.com1 Sep 2022

In the centre of an ownership battle with Adani Group, New Delhi Television (NDTV) can prevent a takeover by the group if it can buy more shares from public shareholders, corporate lawyers told Business Standard. On Tuesday, the media arm of Adani Group said it had exercised rights to acquire an indirect stake of 29.18 per cent in NDTV through conversion of loans into equity in a promoter group entity of NDTV. This will trigger a mandatory open offer for an additional 26 per cent stake in NDTV, even as the broadcaster said its founder promoters had neither consented to the exercise of rights nor was any conversation or input given on the matter.

Aamir Vs Akshay: Who Will Win BO Battle?

Aamir Vs Akshay: Who Will Win BO Battle?

Rediff.com10 Aug 2022

This is the fourth time in three decades that Aamir Khan and Akshay Kumar have had movie releases on the same day.

Funding winter hits start-up advertising spend across properties

Funding winter hits start-up advertising spend across properties

Rediff.com6 Aug 2022

A long and bitter funding winter in the start-up world is beginning to take its toll on start-up advertising across properties. Earlier this week, Mastercard replaced Paytm as the title sponsor for all international and domestic cricket matches organised by the Board of Control for Cricket in India (BCCI). But this is just one part of the story. The other side is that organisers of high-impact shows and events on Hindi general entertainment channels, too, are feeling the winter chill.

L&T CEO Subrahmanyan gets 115% jump in salary in FY22 as business grows

L&T CEO Subrahmanyan gets 115% jump in salary in FY22 as business grows

Rediff.com14 Jul 2022

Engineering giant Larsen & Toubro (L&T) handed out a pay cheque of Rs 61.27 crore to its chief executive officer (CEO) and managing director (MD) SN Subrahmanyan in the last financial year (FY22), which is a near 115 per cent hike over FY21, as executive compensation at India Inc comes under sharp focus after two years of Covid-19. In fact, the total compensation of L&T's executive directors (including Subrahmanyan) in FY22 was 120 to 670 times the median remuneration of the company's employees, data from its FY22 annual report shows. This points to sharp hikes that the top management saw in their remuneration during the period, experts in human resources said. In FY21, L&T's executive compensation was 56 to 337 times the median remuneration of company employees.

Hindi Box Office Collects Rs 1,716 Crores!

Hindi Box Office Collects Rs 1,716 Crores!

Rediff.com5 Jul 2022

'The second half of 2022 definitely looks stronger for Bollywood.'

L&T plans to exit road, power concessions, incubate digital business

L&T plans to exit road, power concessions, incubate digital business

Rediff.com30 May 2022

Engineering giant Larsen & Toubro (L&T) is looking to divest its exposure to road and power concessions and incubate digital and e-commerce businesses as part of its new five-year plan ending 2025-26 (FY26). The base year for the plan is 2020-21 (FY21). The blueprint, called Lakshya 2026, is intended to help the company exit sub-scale businesses, concentrate on high-technology (tech) manufacturing, construction and green energy projects, and increase its share from information technology (IT) and digital services. The lending operations of the financial services business, meanwhile, will be reorganised, with focus on retail lending.

Power crisis: Gencos may not switch on idle units soon

Power crisis: Gencos may not switch on idle units soon

Rediff.com9 May 2022

Power generating companies (gencos) that use imported coal to produce electricity, may find it difficult to switch on their idle units immediately in the wake of high fuel costs, several players have told Business Standard. Recently, the Union power ministry had invoked Section 11 of the Electricity Act mandating all imported coal-based plants to generate power at full capacity. However, some generating companies that use imported coal, argue that it is simply unviable for them to produce power when the price of coal in the international market is high, while the per-unit price of power has been capped at Rs 12 per unit on the domestic power exchange.

Box Office May Cross Rs 500 Crore For Second Month In A Row

Box Office May Cross Rs 500 Crore For Second Month In A Row

Rediff.com16 Apr 2022

'A good pipeline of movies is fuelling this trend of revenge consumption.'

Why urban poor remain a worry for FMCG companies

Why urban poor remain a worry for FMCG companies

Rediff.com7 Jul 2021

As the second wave of the pandemic ebbs and the daily caseload falls, the struggles of the urban poor have come into focus. Many have suffered income and job losses after two successive waves. The second wave, in particular, has seen the poor being hit hard on account of lack of medical and financial help. For the fast-moving consumer goods (FMCG) companies this has meant that an important segment is under severe distress.

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